Former President Muhammadu Buhari has disclosed that he decided to challenge the verdict of the London arbitration court in the P&ID affair despite pressure from “fixers” for a “quiet settlement”.
Mr Buhari said he tasked his former Chief of Staff, Abba Kyari and ex-Attorney-General of the Federal, Abubakar Malami to seek a means to fight the $6.5 billion verdict after the government discovered massive fraud in the gas contract.
Mr Buhari, president from 2015-2023, stated this in a statement he issued on Sunday and titled: “A matter of principle”.
The former president said he ignored all the counsels that asked him to settle with the company. He noted that the massive fraud perpetrated by the company helped in making his decision.
“I tasked Abba Kyari, my chief-of-staff and Attorney General of the Federation, Abubakar Malami, with finding a way, even at that late stage and despite so much conflicting advice, to get us a fair hearing. Working with a number of…